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Miscellaneous. v mm-. "The Inimigra. i I':, tion and Public Works Act Amendment Act, IST I," it is amongst other things enacted, that the Minister for-Public Works may receive application? from the owners or lessees of works for tho supply of water on Gold Fields, for mining and other purpoeea,or from other persons interested iu such v6rks*"abt>ut to be constricted, far adyajices of,money to aid in the construction, extension, ov improvement of such works ; and bv the paid Act it is further enacted that the said Minister may make' Regulations prescribing the mode of making sh'd-Hhe form of 'such application, and, for proceeding on such amplication..asju said Act mentioned : And .wheneas *t is expedient that Regulations s-icu'd be made for the purposes in the' earn Act mentioned :* Now. therefore, I, the Honorable John Davies Ormond, the Minister for Public Works, ia-purauauca. aad exercise of the authority vested in ne by thu said Act*, do hereby make the Regulations set forth.in the (Schedule , hereto, prescribing the mods of making and the.form ot applicationfor advances of money to aid in. the construction of works for 1 rbo supply of -water oil Gold F'e'ds, and forp; oceeding onstjeb application. .'

-SCHEDULE.. . •1. Persons desirous of obtaining advances of money for. the time .specified shall-make application -in -writvng to the Warden of the District «or t'uo Agent duly appointed in that bohaif for the Provinceor District. the intended works arc to be con; traded, and such application shall state-r (l.). The names and descriptions of the applicants, or'if fj y be a Company register! a under any Act of the Gop_ral Assembly, then thc;n.«gbtered particulars thereof. (2.) The names of the Engineer and Manager of the enter* prise. (3.) Tbo general description ot the water race or races, dams, reservoirs, or other' 4: works proposed to be constructed, together with duly attested copies of the certificate oi certificates of, title to the water or ground ; tho qum- • tily of water. inte»ded-to bo conveye-I or stored; tho length of the race or races ; . size of reservoirs or dams; the maximum rate proposed to be charged,for,, the.ayaler ; the nature and extent.of' the auriferous" ground proposed . . to-be supplied -with .water. (4.) The estimated cost **of the enterpnio. * .*•■'•"-'U" 1 .-: (5 ) Tho proposed capital. (0.) Tii3.int,e^e3ts r if'any, effected ; ,•; by. or of the water to.be dealt with. (7.) The. amount oU money proposed, to.be borrowed, which must no ; t exceed ono-thii'd of the estimated cost "of tho .'-I construction of, the works. 2. "With the application tho applicant,, (shall, forward : to the Wards n <;r agent, from the Receiver of Land lieyenue of the DistriotTof the amount of 2J per "cent." 'tided the money propoeed to»be Jbwrowecl." 8. Immediately ".after'any appKcatjou, .shaft'have" been finally decided upOTf, the' deposit--Ibe-redr/ repaid, except' 'so - ' much- as niay : "l& retained under authority of the Minictar for covering the cosk of the inquiry ma.de in accordance with the" provu sionsof the Act.' ; :4. ,-The projectors of "any.cnrejpriso to whiclj -monay,m;'y be kefvauceu shs.il, before the issue of auy loan to iii.m,. tbts Minister a valid lien or mortgage tocover the-amonntof loan, over the works atr.4 property proposed to be constructed ; and such lieu or mortgage Bbnll bo registered in the. Warden's Coiin of fch&- district, and shall be prepared at tho expense of tho projectors. ;,- ■■ ...•■■ r;-? ' .5. No money shall bo pajd toward* '.thei.etostructipa, ;6f, any, : dp-m, or .reservoir unless ,trbe projectors iPjLthg saijio } iavo dn]y v rc-gUcored theiaselves under the. Miniug^Compflnies L;mited,'Liabiiity Act or tho Joint Stock Companies Act, T G. Tho rate of interest to bo paidb y tho projectors ,of any entof prise coaimg.maaer fEeee shall bo seven (7). pounds, 'jfwtr, centum per annum, "payable'quarterly npm the »dato of- tho advance... 4 j, • ry■■'■ ■7." Tho capital' suni 'to tie repaid out of the profits of same' proportion, ""as "the amount o .money ( beara to l._. t Company. w. (fmm^^

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/WEST18720220.2.2.6

Bibliographic details
Ngā taipitopito pukapuka

Westport Times, Volume VI, Issue 929, 20 February 1872, Page 1

Word count
Tapeke kupu
649

Page 1 Advertisements Column 6 Westport Times, Volume VI, Issue 929, 20 February 1872, Page 1

Page 1 Advertisements Column 6 Westport Times, Volume VI, Issue 929, 20 February 1872, Page 1

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